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A recent report stated "Based on a sample of 170 truck drivers, there is evidence to indicate that, on average, independent truck drivers earn more than company-hired truck drivers." Does this statement describe descriptive or inferential statistics?

User Gnr
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1 Answer

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Answer:

The given statement describe inferential statistics.

Explanation:

Descriptive Statistic:

  • It helps us to summarize a given data set.
  • It could describe the entire population or a sample from the population.
  • There are two types of descriptive measures: measures of central tendency and measures of variability
  • Central Tendency: Mean, mode, Median
  • Measure of Viability: Standard Deviation, Variance, Range, Interquartile range

Inferential Statistic:

  • It s the process of estimating population parameter with the help of a sample from the population.
  • A random sample from the population is used to describe the population with the help of sample statistic.

Given Scenario:

"Based on a sample of 170 truck drivers, there is evidence to indicate that, on average, independent truck drivers earn more than company-hired truck drivers."

Thus, this is an example of a inferential statistics as a sample was used to estimate the population.

Here,

Sample:

Sample of 170 truck drivers

Population:

All truck drivers.

With the help of a sample, we approximated the population, thus, this statement describe inferential statistics.

User Jimmy KD
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